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Invertek Drives is dedicated to the design, development and
marketing of electronic variable speed drives for controlling
the speed of electronic motors. This $6 billion dollar market
per annum continues to offer good opportunities for the
company to sustain rapid global growth.
Lower priced and higher reliability technology is opening
new markets for electronic variable speed drives at a rapid
rate, giving rise to a compounded annual growth rate for
this sector in excess of 7%.
Another key factor driving this market growth is the need
for energy saving. This is an area where Invertek Drives
products excel. Installing an Invertek AC drive in virtually
any fan or pump application will contribute 30-40% annual
energy savings. This gives a typical repayment time for the
fully installed drive cost of less than 18 months whilst saving
thousands of tonnes of CO2 emissions.
Innovation continues to be the key driver for the business.
Focussing on a specific market sector has allowed Invertek
Drives to take a market leading role in technological
innovation and product functionality. This focus also means
that Invertek Drives can bring these new products and
technologies to market very quickly. The last 12 months has
seen the introduction of a host of new drive features across
the product range as well as the launch of the new
Optidrive IP55 and the Optidrive E2.
Advanced technologies in products that provide powerful
performance whilst being extremely easy to use continues
to be a source of major competitive advantage for Invertek.
This has driven sales growth through multiple branding,
with customised products from Invertek Drives increasingly
being added to the portfolios of other global drives
manufacturers.
Another key factor in our success is product design that
places ease of manufacturing high on the list of priorities,
combined with highly competitive global sourcing to deliver
a highly competitive product.
Our global network of sales partners now covers 60
countries and 97% of Invertek Drives products now being
exported. This recognises that people relationships are still
key to long term sales even in this internet dominated era.
Our priorities in this area continue to be adding value
through the fast availability of product; sales engineers
providing high quality technical support to find solutions to
application requirements; technical support functions to
guide customers on a day to day basis; and comprehensive
after sales networks that help ensure long term, trouble
free operation.
It has been an extremely successful year for Invertek Drives
with excellent growth in global sales and operating profit.
A series of exciting new technologies and products are now
at an advance stage and Invertek Drives are very well placed
to capitalise on the continued growth of the Global drives
market..
This success has been made possible by the commitment
and dedication of our staff. Thanks to this team effort we
have established a significant position in this very important
global market..
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